We are getting close to a high resistance zone in 7600-7650 area. Short term bearish wedge and midterm downtrend line converge, and the loss of momentum is obvious too. A drop is very likely to happen, targeting 6800 zone which wasn't reached in the last drop and it's needed to fulfill fibos and a healthy retracement.
Commentaire:
Wedge broken downwards!! Good time to open shorts at pullback
Trade fermée: cible de profit atteinte